![Turkish Vice President Fuat Oktay (R) meets with Prime Minister of South Korea, Kim Boo-kyum (L) at the Presidential Complex in Ankara, Turkiye [Muhammet Fatih Ogras/Anadolu Agency via Getty Images]](https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/2023/01/GettyImages-1239321305-1.jpg?resize=1200%2C800&quality=85&strip=all&zoom=1&ssl=1)
January 31, 2023 at 5:08 pm
South Korea and Turkiye signed a deal for the engines to be used on Turkiye's domestic main battle tank (MBT) project, Altay, which was on hold after a deal with a German company collapsed, local Turkish media reports.
According to the report, South Korean firm, SNT Heavy Industries, will supply Altay producer BMC with a 1,500-horsepower automatic transmission.
The export deal includes $74.9 million of supply until 2027 and has an option for further sourcing priced at $141 million between 2028 and 2030, the report added.
READ: Turkiye signs 10-year gas deal with Oman -Turkish Energy Minister
Unless otherwise stated in the article above, this work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. If the image(s) bear our credit, this license also applies to them. What does that mean? For other permissions, please contact us.
Spotted an error on this page? Let us know
Show Comments